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I have a townhouse listed for rent and I have gotten several inquiries asking if I accept section 8 vouchers. As a landlord, is there a requirement or law indicating section 8 vouchers need to be accepted? Or, can I ...
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If an appraisal comes in at a higher amount than the sale price, does the lender fund based on the appraised value or the sale price? E.g, sale price is $80000. Appraisal comes in at $100000. If the bank lends at 80% ...
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Apologize for my naive question. I am a new landlord from San Diego.I have an applicant who has 2 service dogs for her emotional support.I dont have any issues with the dogs but wondering will there be any liability f...
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I'm considering buying a primary residence with an FHA loan which means I'd have ~96% LTV. Would that high LTV negatively affect a commercial property loan--meaning would I be required to have have a higher down payme...
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I was reading about and researching this over and over again, books, IRS pubs, here, elsewhere. I cannot get a conclusive answer even in forums with seasoned CPAs debating this topic.
That much is clear:
- If you hav...
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Hey guys, I'm in the beginning stages of learning to flip properties. Before I spend too much time looking and researching in specific areas I want to make sure I'm not gonna run into any huge obstacles along the way....
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I am interested in getting my real estate license for purposes of access to the MLS and visiting properties as wanted. However, I understand I have to be under the umbrella of a broker in order to have the access I am...
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Situation: Seller is 10k in arrears, payoff amount is approx. equal to the home's value... but the tenant will do almost anything to stay in the home. Sub2 isn't an option (I'm not willing to front the mortgage back...
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Hi all,
Another “business friendly” act from city of Philadelphia.
If you rent your primary residence for period of less than 30 days, you must possess a zoning permit for limited lodging use. Beginning April 1, 2...
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When I do my projects I normally do foundation up new construction (to avoid having to give buyers the NJ required 10 year warranty). Can any NJ builders shed some light on this requirement and how I would even provid...